Jim Cramer's Real Money

Sane Investing in an Insane World

By: James J. Cramer

Narrated by: Jim Cramer

Length: 6 hrs and 9 mins

Publisher's summary

How do we find hot stocks without getting burned? How do we fatten our portfolios and stay financially healthy? Former hedge-fund manager and longtime Wall Street commentator Jim Cramer explains how to invest wisely in chaotic times, and he does so in plain English, in a style that is as much fun as investing is, or should be, when it's done right.

For starters, Cramer recommends devoting a portion of your assets to speculation. Everyone wants to find the big winners that can bring outsized gains, and Cramer explains how to allocate your portfolio so that you can afford to take this kind of risk wisely. He explains why "buy and hold" is a losing philosophy: For Cramer, it's "buy and homework". If you can't spend an hour a week researching each of your stocks, then you should hand off your portfolio to a mutual fund, and Cramer identifies the very few mutual funds that he'd recommend.

Cramer also reveals his Ten Commandments of Trading (Commandment #5: Tips are for waiters). He explains why he's not afraid to compare investing to gambling (and tells you which book on gambling you should read to become a better investor). And he discloses his 25 Rules of Investing (Rule #4: Look for broken stocks, not broken companies).

Cramer shows how to compare stock prices in a way that you can understand, how to spot market tops and bottoms, how to know when to sell, how to rotate among cyclical stocks to catch the big moves, and much more. Jim Cramer's Real Money is filled with insider advice that really works, information that Cramer himself used to make millions during his 14-year career on Wall Street.

Written in Cramer's distinctive turbocharged style, this is every investor's guide to what you really must know to make big money in the stock market.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.; Download the accompanying reference guide.

©2006 J.J. Cramer & Co. All rights reserved (P)2006 Simon and Schuster Inc. All rights reserved.

Critic reviews

"[Cramer's] enthusiasm should prove inspiring, and even investors on the wrong side of Wall Street's recent shakeups may find the courage to get back in the game." (Publishers Weekly)

he teach how to be speculator not investor

not in top 10 in investment books
it's nice but he shout alot
you can learn few good things

A must read/listen for any potential investor

Jim Cramer is the Neil DeGrass Tyson of investing. He helps you understand what goes on in the market without making you feel like you need an investors dictionary. These are simple tips for young beginner investors, retirees, and everyone in between. This book pays for itself.

What an Ass Kicker!

I’ve read Benji Grahams’s terribly dry books. They are the gold standard, however, the only way I can go back to them for reference is by the vehicle of “Real Money!” They are a supplement to Jim Cramers body of work. Uncle Warren may say Poppycock, I say “Boo-Yah!!!!”

Great Advice

Cramer gives some great guidance on investing. Great ideas, very good presentation. But I would temper his enthusiasm by listening to "Fooled by Randomness" as well. The two balance each other very well.

Good Audiobook, but actual book would be helpful

This book is read by the author, Jim Cramer. His energy and excitement brings to life his book. Although the information is great for some and others will hate it (depending on if you are a buy-n-hold or "day-trader") seeing the words in print would make it easier. If you don't have a lot of time to read, but spend a lot of time traveling in a car, then it would be beneficial to use the audiobook for the information and the book as a reference.

kept me entertained and made it easy to understand

Great audiobook. Some great principles in this. 100% worth the listen. I feel more prepared than before I listened

Great first Investment Book!

Was there a moment in the book that particularly moved you?

Last 3 chapters really get DEEP into investment strategies! Love it!

Any additional comments?

Just heard the whole book and have taken notes. Going to listen to it one more time and continue to hone my knowledge!

Simpy great advice for the everyday investor

Cramer does a great job of describing what it takes for the average person to invest his or her money wisely in the market. The 2 most important things he talks about are diversification & his idea of buy & homework. He teaches the everyday investor how to evaluate stocks with publicly available information so that we can make our own decisions when in get in or get out. Anyone looking to improve the performance of their investments would do well listening to what Cramer has to say.

Very Advanced

I loved this audiobook. This book is FULL or great information. However, I was very suprised at how in depth his approach was to explaining how the market works. I am a finance major in college, and have spent many years trading as a professional, and there were many new insights for me. This is definitely NOT the first book you want to read in regards to the market. Unless you are for real and you have an insatiable thirst for stock trading knowledge, read something else first.

Love it!

Jim Cramer is an incredible TV host and knowledgeable person when it comes to the market. Just his passion for it makes you want to invest your money. A lot of good ideas to play it safe and analyze good company. This audible teaches you how to be more selective when investing than to just buy whatever seems cheap. Good to know his way of analyzing a company and focusing on what really matters, what Wall Street does. Highly recommended!